- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$9K - $75K
- Units as of 2014
-
612
Company Overview
About MindsAhead Academy
| Industry | Children's Businesses |
|---|---|
| Related Categories | Children's Enrichment Programs: Miscellaneous, Tutoring |
| Founded | 2003 |
| Leadership | Rajni Varshney, CEO |
| Corporate Address |
One Woodbridge Center, #310 Woodbridge, NJ 07095 |
Business Overview
| Franchising Since | 2005 (19 years) |
|---|---|
| Where seeking |
This company is offering new franchises in the following US states: |
| # of Units | 612 (as of 2014) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a MindsAhead Academy franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$5,000 - $20,000 |
|---|---|
|
Initial Investment
|
$8,660 - $75,150 |
|
Royalty Fee
|
$550/mo. |
|
Ad Royalty Fee
|
$100/mo. |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | MindsAhead Academy has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where MindsAhead Academy landed on this year's Franchise 500 Ranking versus previous years.
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